Nifty 100 Stocks Analyzed: A Key Trend Identified

On December 24, 2025, a special pattern appeared in some of the biggest stocks in the Nifty 100 index. Eight companies – Adani Power, Gail India, ICICI Bank, Jindal Steel, JSW Steel, ONGC, Tata Motors Passenger Vehicles (TMPV), and Zydus Lifesciences – showed this pattern on their stock charts. This is important because it can signal a shift in how these stocks are moving.

Key Points

• Eight largecap Nifty 100 stocks showed a specific candlestick pattern.
• ‘Bearish Engulfing’ means a red candle covers a green candle.
• This pattern suggests a potential shift from rising prices to falling prices.
• It’s based on the difference between the opening and closing price of a stock.
• Larger red candles indicate a stronger potential downward trend.
• These stocks’ last prices are: Adani Power, Gail India, ICICI Bank, etc.

What is a Candlestick Pattern?

Candlestick patterns are a way traders look at stock prices. They show whether the price went up or down during a specific day. A candlestick shows two prices – the highest and the lowest – and their color tells you which one was higher.

Understanding the ‘Bearish Engulfing’ Pattern

The ‘Bearish Engulfing’ pattern is a specific type of candlestick. It happens when a larger red candle completely covers the smaller green candle from the day before. Think of it like one big red hand swallowing up a little green hand.

What Does It Mean for the Stocks?

When this pattern appears, it often suggests that the upward trend for a stock might be ending. The price might start going down instead. The larger red candle indicates that the negative trend is more powerful.

Stock Prices at the Time

Here’s the last price for each of the eight stocks that showed the pattern:

• Adani Power: ₹143.16
• Gail India: ₹171
• ICICI Bank: ₹1,359.80
• Jindal Steel: ₹999
• JSW Steel: ₹1,091.30
• ONGC: ₹233.77
• Tata Motors Passenger Vehicles (TMPV): ₹359.20
• Zydus Lifesciences: ₹917.80

Ultimately, these patterns offer valuable insights, but aren’t guarantees of future price movements.